Investment Highlights for Credicorp Ltd (BAP, Financial):
- Annual dividend of S/40.00 per share with payment set for June 13.
- Targeting an 18% ROE by 2026 through retail and digital advancements.
- Analysts predict a potential upside of 6.55% on the current stock price.
Credicorp's Strategic Dividend Move
Credicorp Ltd (BAP, Financial) has announced an annual dividend of S/40.00 per share, with the payment date scheduled for June 13. Shareholders need to be recorded by May 19 to be eligible. This forward-looking strategy aligns with the company's ambitions to achieve an 18% return on equity (ROE) by 2026. Credicorp is focusing its efforts on expanding retail operations and enhancing its digital platforms, positioning itself for future growth and profitability.
Analysts' Price Predictions
According to the latest projections from eight analysts, the one-year average target price for Credicorp Ltd (BAP, Financial) is $208.89. These estimates range from a high of $222.88 to a low of $171.45. With the current stock price at $196.05, this average target suggests a potential upside of 6.55%. For a deeper dive into the numbers, visit the Credicorp Ltd (BAP) Forecast page.
Brokerage Firm Recommendations
The consensus from nine brokerage firms gives Credicorp Ltd a recommendation score of 2.3, which indicates an "Outperform" status. This rating scale, spanning from 1 to 5, marks 1 as a Strong Buy and 5 as a Sell, thus positioning Credicorp favorably in the eyes of analysts.
Analyzing the GF Value
According to GuruFocus estimates, the GF Value for Credicorp Ltd (BAP, Financial) over the next year is pegged at $195.30, suggesting a slight downside of 0.38% from its current price of $196.05. The GF Value is a metric designed to gauge a stock's fair trading value, calculated using historical trading multiples, past growth, and projected business performance. Additional insights can be found on the Credicorp Ltd (BAP) Summary page.
